02.01.21

Corvus Team

[WEBINAR] Introducing the Ransomware Risk Score

[WEBINAR] Cyber Coverage Explained: Contingent Business Interruption

Watch Webinar

A ransomware score has always been a part of our Dynamic Loss Prevention report to measure client cyber security. But in 2020, ransomware emerged as the number one driver claims in cyber insurance.

As a result, our data science and underwriting teams got to work creating a new report with key findings about ransomware risk to now appear in Smart Cyber quote letters. 

Join Brian Alva and Chris Hedenberg of Corvus for a Q&A and information session in which you’ll learn how this new tool can help you:

  • Quantify and explain ransomware risk

  • Show your clients why basic security best practices are so important. 

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The Ransomware Gang Handbook: Your Guide to the Cybercriminals in the News

It starts with 5.25-inch floppy disks.  Cue up Every Rose Has Its Thorn by Poison -- because it’s 1989. Computers aren’t a household necessity quite yet, the AIDS epidemic is ablaze, and a Harvard-taught evolutionary biologist, Dr. Joseph Popp, has mailed 20,000 copies of a computer-based questionnaire to the recent attendees of the World Health Organization AIDS conference. 

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A fresh face compared to other lines, cyber has taken many forms before — an easy add-on, a profitable afterthought, a tech-heavy nuisance — but was never a top priority. However, after headline-worthy ransomware attacks, data breaches, and serious losses for insurers, cyber insurance is getting the main character treatment.